• +1-949-335-4314

Capital Street BancClear Corporation

Option Banque is a brand owned and operated by Capital Street BancClear Corporation Limited with registered address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.

  • Suite 305, Griffith Corporate Centre Beachmont, KingsTown Saint Vincent and The Grenadines

  • +1-949-335-4314

  • support@optionbanque.com

  • Monday-Friday: 6.00 AM
    4.00 PM GMT

U.S Dollar Loses Ground Even After Positive GDP Data

Oct, 28th 16:39

The Euro rose on Friday against the U.S dollar, looking set to finish the week higher after hitting the lowest since March 03rd at $1.08502 on Tuesday.

The pair EURUSD ticked higher even after the U.S Bureau of Economic Analysis reported the preliminary reading of the U.S. third-quarter gross domestic product reached the highest since mid-2014. The U.S economy expanded at the pace of 2.9% in the three-month period through September, which marked an improvement compared to the first half of the year when the U.S. grew just barely over 1%.

The dollar index, which measures the strength of the greenback versus a basket of major currency retreated 0.28% at the time of writing. Markets are widely waiting for the Federal Reserve’s next meeting on November 01st and the U.S presidential election scheduled one week after that.

Trade suggestion

Buy Digital Call Option from 1.09500 to 1.09600 valid until 20:00 GMT October 28, 2016

Start Trading Binary Options on Indices, Commodities And Hundreds of Other Markets With Option Banque Now!

Option Banque has proven A+ Rating and Reviews on forex forums